# PPP loan: HEMPSTEAD ALP LLC
> **$555K** approved 04/08/2020 · Paid in Full · Loan `8342097006`
## Borrower
- **Name:** HEMPSTEAD ALP LLC
- **Address:** 274 W BROADWAY, LONG BEACH, NY, 11561-3901
- **NAICS:** 623110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $555K
- **Initial approval:** $555K
- **Forgiven:** $561K (101%)
- **Forgiveness date:** 06/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $555K
- **Jobs reported:** 90
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*